Chinese companies bet on expanding trade routes through Panama and Nicaragua

Beijing-based Chinese short-term vacation home rental platform Tujia.com is in the process to raise over US$200 million in its latest funding round, according to media reports. No other details of the investment are available. The new funding round comes after Tujia.com's series C round in June 2014, when it raised US$100 million participated by GGV […]

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Beijing-based online travel information and service platform Mafengwo has completed an undisclosed series C financing from Hillhouse Capital Management, Coatue Management, Cobuilder, and Qiming Venture Partners, according to a company announcement. Richard Barton, founder of U.S. travel services firm Expedia, also participated in the round. Mafengwo says after this round of financing, the company has […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Chinese and Russian technology companies plan to jointly launch an e-commerce platform which aims to promote the cross-border trading between China and Russia. Russian online payment system Yandex.Money will start handling payment services for China online payment platform TradeEase. This project is expected to be launched in summer of 2015 and its turnover is expected […]

Entropy is a greater challenge than Chinese growth, writes Joseph Nye